Dominion E&P Announces Gulf of Mexico
Shelf Discovery
Deeper drilling increases production at West
Cameron 130
NEW ORLEANS – Dominion Exploration & Production,
a wholly owned subsidiary of Dominion (NYSE: D), announced Friday a natural
gas discovery on the Gulf of Mexico Shelf at the West Cameron 130 field. The
field is located in 40 feet of water approximately 250 miles southwest of New
Orleans.
"We are encouraged by this latest discovery in what continues
to be the core area for our Gulf of Mexico Shelf program," said Kevin P.
Guilbeau, senior vice president and general manager for Dominion E&P’s
offshore unit. "The new discovery is deeper than our existing production
in the field. These deeper sands will be more fully appraised by continued drilling
in this field and on other leases currently in our shelf inventory."
An exploratory well, the West Cameron 130 #3 reached a depth
of 19,365 feet and encountered approximately 250 feet of net pay in multiple
zones. Following completion operations, the well was tested at a restricted
rate of 11.8 million cubic feet per day and 40 barrels of oil per day. Construction
operations are under way to tie back production through Dominion E&P’s
West Cameron 130 'B' platform.
Dominion
E&P owns a 50 percent working interest and is the operator of West Cameron
130 #3. Hydro Gulf of Mexico LLC owns 35 percent and Mariner Energy Inc. owns
15 percent.
Dominion is one of the nation's largest producers of energy,
with an energy portfolio of about 28,100 megawatts of generation, about 6.3
trillion cubic feet equivalent of proved natural gas reserves and 7,800 miles
of natural gas transmission pipeline. Dominion also operates the nation's largest
underground natural gas storage system with more than 950 billion cubic feet
of storage capacity and serves retail energy customers in nine states. For more
information about Dominion, visit the company's Web site at www.dom.com.
